Tulip will receive a license fee for all Commodore C64 products delivered by Ironstone, installed on all computer brands using the Microsoft or any other operating system and all Commodore 64 branded products. In addition, Tulip will receive a license fee over the revenue from software downloads, subscriptions and advertising.

Even today there is still an extensive group of about 6 million loyal Commodore users and enthusiasts around the world. This community is currently spread over hundreds of unofficial websites. The community craves acknowledgement and authenticity from the true Commodore C64 brand. Tulip is the owner of the brand name Commodore. Through this partnership Tulip grants to Ironstone the exclusive rights to exploit the official Commodore C64 web-portal and use of the Commodore 64 brand name. Here

I just spoke to Darren Melbourne from Ironstone Partners, and I'm now completely happy that they respect the C64 community and are willing to embrace it rather than close it down. Darren himself is a huge C64 fan (he even knows the significance of Martin Galway's SID chip).

Ironstone should release their own press release soon which should clarify matters, but the only people who should worry about getting sued are the people releasing unauthorised Commodore products in the retail chain. That press release had large parts (including the numbers) that were unauthorised by them. Yes, the numbers were fiction.